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    <title>Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Pune Stock Exchange has failed to comply with the said order within the time stipulated therein.</title>
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    <description>The regulator mandated segregation of ownership and trading membership from exchange management and, for non-compliance, directly amended the exchange&#039;s articles by adding a proviso to Article 72, clause (a) stating that no broker member shall be an office bearer (President, Vice President or Treasurer) of the exchange, thereby prohibiting broker-members from holding those managerial offices.</description>
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